The current price is 0.0010384 USDT, up +2.15% in the last 24 hours.
Over the last 24 hours, the maximum price reached 0.0010740, and the minimum - 0.0009980.
Cash flow analysis:
Large Trades: Selling is prevalent (16,533.15 M DOGS vs. 13,020.29 M DOGS buying), indicating bearish sentiment among large investors.
Average transactions: The volume of sales and purchases is almost equal.
Small Trades: The volume of purchases (27,589.02 M DOGS) exceeds sales (27,432.33 M DOGS), which may indicate a slight positivity among small market participants.
There has been a significant capital outflow of -27,179.21 M DOGS over the last 5 days, indicating selling pressure.
Trading volumes:
Over the past 24 hours, DOGS trading volume was 74.21 billion, indicating fairly high trading activity.
Technical indicators:
MA (moving average) indicators show that the short-term MA(7) line is above the current price (0.0010402 vs. 0.0010384), which indicates a possible short-term downward correction.
However, the MA(99) line is located higher at 0.0011398, which signals possible limited growth prospects in the short term.
Ratio of purchases and sales:
Current order book data shows that 59.31% of participants are buying DOGS, while 40.69% are selling, indicating some support from buyers.
Forecast:
In the near term, minor volatility can be expected for DOGS/USDT, as the market balances between buyers and sellers. Based on the activity of large sellers and capital outflow, a short-term downward correction is possible. However, with an increase in interest in purchases and the general mood in the crypto market, growth to levels of 0.00105–0.00110 is possible.